Tullow Oil begins trading on Ghana Stock Exchange

Source: Tullow Oil

Tullow Oil plc (LON:TUL) confirmed that 3,531,546 ordinary shares of 10p each in the capital of Tullow have been admitted to the official list of the UK Listing Authority and the official list of the Irish Stock Exchange and to trading on the main markets of the London Stock Exchange and the Irish Stock Exchange (Admission).

Following Admission, the total number of shares in issue is 903,846,948, and the total number of voting rights in the Company is 903,846,948. The Company holds no shares in treasury.

Tullow also confirmed that with effect from 10 a.m. Ghana time Wednesday, its Shares will commence trading on the Ghana Stock Exchange (symbol: TLW), with a market capitalisation of approximately 28.18 billion Ghana Cedis. The listing more than doubles the entire market capitalisation of the Ghana Stock Exchange and makes it one of the largest Stock Exchanges in sub-Saharan Africa, outside of South Africa and Nigeria.

Independent oil & gas, exploration and production group, Tullow Oil has interests in more than 90 exploration and production licenses across 22 countries and focuses on four core areas: Africa, Europe, South Asia and South America.

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